From a humble beginning as a small bank in a hardware store in Verona, BancorpSouth has grown into a regional financial holding company with $13.4 billion in assets and is listed on the New York Stock Exchange. The Mississippi company began trading under the symbol BOMS on NASDAQ in 1985. Since 1997 it has traded [...] [...]
Banks can be small business owners’ best friends, providing a range of services, advice and a shoulder to lean on. The definition of a small business can vary, depending on how much activity a business runs through a bank, according to Art Stevens, president of retail banking for Trustmark National Bank. “Accounts can trigger based [...] [...]
The wheeler-dealer who helped transform Houston-based Prosperity Bank into Texas’ third-largest banking company is now in Tupelo with what analysts expect is a much different mission: Slim down BancorpSouth’s expenses with a focus on profitability. The appointment of James “Dan” Rollins III to head BancorpSouth’s multi-state banking operation makes sense for a bank in pursuit [...] [...]
>> BANKING New BancorpSouth CEO has big plans for Tupelo-based bank— by Ted Carter Also in this week’s paper: >> DINING Landmark Iron Horse Grill returns to Jackson by Ted Carter >>ECONOMIC DEVELOPMENT Downtown Greenville lands on National Register of Historic Places— by Clay Chandler >> ENERGY What did Twin Creeks vetting process miss? — [...] [...]
After 22 years as CEO of BancorpSouth, Audrey Patterson has handed the chief executive duties to veteran Texas banker James “Dan” Rollins III. Patterson, who will remain as chairman, recently answered several questions regarding the $13 billion banking regional banking company’s new leadership. >>New BancorpSouth CEO looks to repeat his Texas-style success in Tupelo Major [...] [...]
by Associated Press Published: November 26,2012
Tags: Alabama, Arkansas, BancorpSouth, banking, Florida, James Rollins, Louisiana, Mississippi, Mississippi Business Journal, Missouri, Tennessee, Texas
TUPELO — James D. Rollins III has been named chief executive officer of BancorpSouth Inc., a financial holding company headquartered in Tupelo. Rollins will succeed Aubrey B. Patterson, BancorpSouth’s current CEO, on Tuesday. The 53-year-old Rollins has served as president and chief operating officer at Prosperity Bancshares, Inc., headquartered in Houston, Texas, since April 2006. [...] [...]
George F. Middlebrook III has resigned from the boards of directors of BancorpSouth Inc. and BancorpSouth Bank. Middlebrook, of Nacogdoches, Texas, manages oil, gas and timberland interests of family partnerships and has also been engaged in residential and commercial real estate development. He has agreed to serve on BancorpSouth Bank’s Nacogdoches community bank board. Middlebrook [...] [...]
The Mississippi Main Street Association has formally welcomed new officers and members to the state board of directors. The following are new officers of the MMSA board for 2012-2014: president Barry Plunkett of B. Plunkett & Associates Inc. in Jackson; president-elect Joey Hudnall of Neel-Schaffer in Jackson; treasurer Mark Loughman of Mississippi Power in Gulfport; [...] [...]
BankPlus has hired Eric Eaton as bank officer in the bank’s training department. Eaton has over six years of experience in the banking industry and was most recently employed by BancorpSouth. A native of Jackson, Eaton holds a bachelor of arts from the University of Mississippi and a master of science from Mississippi College. In [...] [...]
by Becky Gillette Published: June 3,2012
Tags: BancorpSouth, Chevis Swetman, David Turner, foreclosures, HARP II, housing bubble, John Oxford, Randy Burchfield, Regions Bank, Renasant Bank, The Peoples Bank
The flip side of the housing bubble burst is that interest rates are as low as people are likely to see in their lifetimes. That combined with the government’s HARP II program to help distressed homeowners stay in their homes are reducing mortgage amounts, and contributing to increased revenues at banks. Regions Bank chief financial [...] [...]
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